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European Stocks Mostly Lower;
Schwarz Pharma Falls 20%

BRUSSELS -- European stocks closed mostly lower Monday. Pharmaceutical company Schwarz Pharma plunged 20% on news that competitor Mylan Laboratories will distribute a generic version of its heartburn drug Omeprazol.

The Dow Jones Stoxx 600 Index, which tracks Europe's 600 largest listed companies, fell 1.65 points, or 0.8%, to 207.12. The Dow Jones Euro Stoxx Index, which tracks companies in countries that use the euro, was down 1.85 points, or 0.9%, to 216.86.